Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 105 results for "CPS"

ASFA welcomes Rest executive to C-suite role

MATTHEW WAI  |  WEDNESDAY, 2 SEP 2026
... at Women in Super, a role she has held since November 2019. O'Brien will prioritise third-party vendor mapping work under CPS 230, which came into effect on 1 July 2026. It comes as both regulators, APRA and ASIC, recently warned shared dependencies ...

Trustees, platforms, cyber risk under APRA spotlight

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
... artificial intelligence and operational resilience would remain in focus following the introduction of Prudential Standard CPS 230 Operational Risk Management. The standard, which took effect on 1 July 2025, strengthened requirements around operational ...

HUB24 loans $78m to HTFS, beefs up ORFR reserves

KARREN VERGARA  |  TUESDAY, 18 AUG 2026
... SPS114 Operational Risk Financial Requirement. This is in addition to meeting enhanced operational risk obligations under CPS 230 Operational Risk Management. "Funds drawn are reserved for ORFR purposes, and additional drawdowns may occur as needed to ...

Special Feature: Beyond safekeeping

BRENDAN SWIFT  |  MONDAY, 27 JUL 2026
... the Australian custody industry and largely works well, Hill says. But funds are reviewing the model through a sharper lens. CPS 230, APRA's strengthened prudential standard on operational risk management, took effect on July 1, 2025, and requires ...

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
The prudential regulator is lifting the governance bar for superannuation funds and insurers with proposed changes to CPS 510, launching a consultation as part of its endeavours to stamp out 'poor practices'. APRA has laid out revised draft ...

APRA sharpens oversight, flags tech and geopolitical risks

VINNY VUCAGO  |  THURSDAY, 21 MAY 2026
... heightened focus on operational resilience follows APRA's recent finalisation of targeted amendments to prudential standard CPS 230 Operational Risk Management, which comes to effect 1 July 2026. The amendments introduce limited exemptions from certain ...

ASFA chair to step down after four years

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
... obligations. ASFA said it aims to complement APRA's prudential framework, including SPS/SPG 530 (Investment Governance) and CPS/CPG 230 (Operational Risk Management), with important intersections with CPS 234 (Information Security). "The strength of ...

APRA finalises CPS 230 amendments

ELIZA BAVIN  |  THURSDAY, 30 APR 2026
The Australian Prudential Regulation Authority (APRA) has finalised targeted amendments to prudential standard CPS 230 Operational Risk Management. The amendments introduce limited exemptions from specific contractual requirements in CPS 230 for material ...

FEATURE | Recruitment: Laying foundations

RIDDHIMA TALWANI  |  MONDAY, 5 JAN 2026
... Master Fund has sharpened the industry's focus on governance, accountability, and operational resilience. APRA's new CPS 230 operational resilience framework, which took effect in July of this year, is pushing funds to reassess their management ...

APRA consults on CPS 230 amendments

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
The Australian Prudential Regulation Authority (APRA) is undertaking a consultation on targeted amendments to CPS 230 Operational Risk Management (CPS 230). The regulator said the proposed changes aim to better accommodate the needs of regulated entities ...
PREVIOUS
NEXT